ServiceNow Inc. Stock Climbs 10.0%, Outperforms Market

Dow Jones08-28 04:33

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of ServiceNow Inc. climbed 10.0% to $138.43 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,730.99 and the Dow Jones Industrial Average rising 0.2% to 53,569.44.

The stock's rise snapped a four-day losing streak.

ServiceNow Inc. closed 28.9% short of its 52-week high of $194.73, which the company achieved on September 24th.

The stock demonstrated a mixed performance when compared to some of its peers, as Salesforce Inc. rose 22.6% to $252.05, Oracle Corp. rose 2.1% to $151.94, and Synopsys Inc. rose 13.39% to $464.89.

Trading volume totaled 27.4 million, compared to the 50-day average of 22.0 million.

Data source: Dow Jones Market Data, FactSet

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